Chubu Electric Power Sustainability Profile
Chubu Electric Power Co., Inc., commonly known as Chubu Electric, is a leading energy provider headquartered in Nagoya, Japan. Established in 1951, the company has grown to become a pivotal player in the Japanese electric power industry, primarily serving the Chubu region, which encompasses Aichi, Gifu, and Mie prefectures. Chubu Electric focuses on the generation, transmission, and distribution of electricity, with a diverse portfolio that includes thermal, hydroelectric, and renewable energy sources. The company is recognised for its commitment to innovation and sustainability, positioning itself as a key contributor to Japan's energy transition. Notable achievements include advancements in smart grid technology and a strong emphasis on reducing carbon emissions, solidifying its market position as a forward-thinking utility provider.
DitchCarbon Score
How does Chubu Electric Power's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Chubu Electric Power's score of 42 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chubu Electric Power's reported carbon emissions
In 2023, Chubu Electric Power reported total carbon emissions of approximately 58,640,000,000 kg CO2e, with emissions distributed across various scopes: 260,000,000 kg CO2e (Scope 1), 3,050,000,000 kg CO2e (Scope 2), and 55,640,000,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and Scope 2 emissions from a 2020 baseline by 2030. Additionally, Chubu Electric Power targets a 44% share of non-fossil fuel power sources by FY2030, reflecting its long-term commitment to sustainability. The emissions data is sourced directly from Chubu Electric Power Company, Incorporated, with no cascading from a parent organization. The company actively discloses its emissions across all three scopes, demonstrating transparency in its climate impact and initiatives.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 56,400,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 10,540,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Chubu Electric Power's Industry?
How Carbon Intensive is Chubu Electric Power's Location?
Chubu Electric Power's Scope 3 Categories Breakdown
Chubu Electric Power's Scope 3 emissions, which decreased by 1% last year and increased by approximately 428% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 89% of Scope 3 emissions.
Top Scope 3 Categories
Chubu Electric Power's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chubu Electric Power has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
